Is EVI Industries, Inc. overvalued or undervalued?

As of 17 October 2025, EVI Industries, Inc. has moved from an attractive to a very expensive valuation grade. The company is currently overvalued, as indicated by its P/E ratio of 22, which is significantly higher than the industry average of 25.45 for comparable companies. Additionally, the EV to EBITDA ratio stands at 10.18, and the PEG ratio is notably low at 0.23, suggesting that the stock may not be justified at its current price given its growth prospects.
In comparison to its peers, EVI Industries, Inc. has a higher P/E ratio than Hudson Technologies, Inc. at 24.38 and BlueLinx Holdings, Inc. at 25.45, both of which are also classified as very expensive. Despite a strong year-to-date return of 68.32%, which outperformed the S&P 500's 13.30%, the long-term performance over 5 and 10 years shows stagnation at 0.51%, indicating potential overvaluation concerns.